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Rs. 55 billion budget allocated for reconstruction

Kathmandu, May 28: The government has allocated Rs. 55 billion for the post-earthquake reconstruction for the coming fiscal year.

Presenting the budget estimates for the year 2020/21 in the federal parliament today, Finance Minister Dr. Yubaraj Khatiwada said that the post-earthquake reconstruction will be completed in the coming fiscal year.

“The post-earthquake reconstruction, including the currently under-construction Dharahara, Ranipokhari and the main structure of Singh Durbar, will be completed within the coming fiscal year,” it is stated in the budget speech. “For the reconstruction of private housing, archeological heritage, school building, health institution and government building, Rs. 55 billion have been allocated.”

Finance Minister Khatiwada said the reconstruction of remaining school buildings will be constructed through the school management committee as per the design required at the local level in close coordination with the local government.

The government had established the National Reconstruction Authority to undertake the reconstruction works of the properties damaged in the April 2015 earthquake.

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